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Dec 21, 2012
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mitch mcconnell there, john, offering up what seems to be an old plan. let's go back to the legislation passed in the house that extend the tax cuts for everyone in exchange for the promise of tax reform in the future. is that going to fly at all? >> no. and now we've scent perfect crack up in washington. you had the house of representatives bringing up what the speaker described as a new plan and then killing it himself because i didn't have the votes saying, the house should pass the bill they passed earlier this year knowing we wouldn't pass it. and the minority leader said no, they should pass the bill the house passed knowing the senate wouldn't pass it. so we now have a finger-pointing squer size. i hope and believe there are still private negotiations going on, at least at the staff level and maybe a higher level than that to try to salvage the situation but they public display that we just saw was pretty discouraging, if you take it on its face. >> what's next, then? >> i believe that what is next is conversations today, tomorrow, sunday, involvi
mitch mcconnell there, john, offering up what seems to be an old plan. let's go back to the legislation passed in the house that extend the tax cuts for everyone in exchange for the promise of tax reform in the future. is that going to fly at all? >> no. and now we've scent perfect crack up in washington. you had the house of representatives bringing up what the speaker described as a new plan and then killing it himself because i didn't have the votes saying, the house should pass the...
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137
Dec 6, 2012
12/12
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earlier today mitch mcconnell was on the senate floor continuing to hammer away at president obama. >> what the president's really interested in, as we learned just yesterday, is getting as much taxpayer money as he can first by raising taxes on small business that he believes are making too much money, and then on everybody else. >> it does feel like there is some negotiating going on behind the scenes here. we are told that president obama and speaker john boehner on the republican side of the capitol had a conference call yesterday about 20, 28 minutes in length. we don't know what was said. that's probably a good sign they are not leaking the contents of that call. that's a sign that there is some negotiation going on. something is happening behind the scenes but we just don't know what it is right now. back to you. >> eamon javers, thank you very much. >>> what can be done to break the stalemate in washington? representative jack kingston is a republican from georgia, member of the house appropriations committee. welcome, congressman. good to have you with us. >> thank you, tyler
earlier today mitch mcconnell was on the senate floor continuing to hammer away at president obama. >> what the president's really interested in, as we learned just yesterday, is getting as much taxpayer money as he can first by raising taxes on small business that he believes are making too much money, and then on everybody else. >> it does feel like there is some negotiating going on behind the scenes here. we are told that president obama and speaker john boehner on the...
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Dec 31, 2012
12/12
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mcconnell is increase to 39.6 for income somewhere between 400 and $500,000 and probably 450,000. the estate tax would go up slightly from the level of 35% and current law scheduled to go up to 35 and would probably go up slightly to 40%. you are looking at one year extension of unemployment benefits pen you a honk do they defer across the board automatic budget cuts called sequester. as amman referred to, dekrats want at least one year for that to be turned off. initially asking for two years. republicans say, no, we will come up with cuts to offset that for 60 to 90 days. that's where things are going. the problem is you can't consider any one part of the agreement done until they are all done because there's an inner play on cap gains and dividends by the way, looking at going from 15% on both which is current policy to 20% on both. not the higher rate called for undercurrent law of 39.6% for dividends. 20% for both. this is something that both sides are going to have to consider. see if they can regard it as acceptable it their members. once we get a conclusion to those talks,
mcconnell is increase to 39.6 for income somewhere between 400 and $500,000 and probably 450,000. the estate tax would go up slightly from the level of 35% and current law scheduled to go up to 35 and would probably go up slightly to 40%. you are looking at one year extension of unemployment benefits pen you a honk do they defer across the board automatic budget cuts called sequester. as amman referred to, dekrats want at least one year for that to be turned off. initially asking for two years....
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Dec 4, 2012
12/12
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i talked to mitch mcconnell, the republican leader up here. he didn't seem as bothered by the boehner proposal. he told me i'm glad that they are at least talking and harry reid said something very interesting to me, the democratic senate leader. he said that boehner might be in a position now where he has to choose between keeping the speakership and protect country, very tough stakes from harry reid, really putting you the pressure on speaker boehner. tyler? >> we are hearing word that potentially new senator elizabeth warren of massachusetts may join the senate banking committee. have you heard that? what does that mean? >> we have heard that. we have been able to confirm that independently. and it is something that the wall street lobby here in washington was expecting to see. they thought that elizabeth warren would angle into and be able to get it under harry reid. i think the question now from what kind of senator does elizabeth warren become? a lot of folks here think she will try to broaden her mandate a little bit outside of the wall
i talked to mitch mcconnell, the republican leader up here. he didn't seem as bothered by the boehner proposal. he told me i'm glad that they are at least talking and harry reid said something very interesting to me, the democratic senate leader. he said that boehner might be in a position now where he has to choose between keeping the speakership and protect country, very tough stakes from harry reid, really putting you the pressure on speaker boehner. tyler? >> we are hearing word that...